Chesapeake says has good visibility into $1B of proceeds from asset sales in '14 The company says "We have good visibility into approximately $1 billion of proceeds from asset sales in 2014. We are continuing to review and refine our portfolio for assets that fit best with the company’s strategy of profitable growth from captured resources and expect to have additional asset dispositions in 2014, potentially including a spin-off of COS to Chesapeake shareholders or an outright sale. Closing such incremental transactions would enable us to further reduce financial complexity and overall leverage."
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